5th Bank Failure of the Year: Allied Bank of Mulberry, AR Seized by FDIC

by John Galt September 24, 2016 22:30 ET As I was out and about last night and did not have time to post up the usual “Bank Failure Friday” posting, here is the delayed news from the FDIC last night: Today’s Bank, Huntsville, Arkansas, Assumes All of the Deposits of Allied Bank Mulberry, Arkansas FOR IMMEDIATE RELEASE September 23, 2016 Allied Bank, Mulberry, Arkansas, was closed today by the Arkansas State Banking Department, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. To protect the depositors, the FDIC entered into…

The Donald Trump and Ted Cruz Supreme Court Fallacy

by John Galt September 24, 2016 21:25 ET As the Cruz Crew continues to implode over his recent endorsement of Donald Trump, a sad reality has emerged within the conservative media and deliberately bled into the mainstream so as to provide some modicum of cover for Senator Cruz and those within the Trump camp who did not want his endorsement. The most fascinating part of the narrative has been the sudden addition of potential judicial nominees to the Supreme Court that Donald Trump released the day before Ted Cruz endorsed him….

%d bloggers like this: